Telefônica Brasil Third Quarter 2024 Earnings: EPS Beats Expectations

Telefônica Brasil (BVMF:VIVT3) Third Quarter 2024 Results

Key Financial Results

• Revenue: R$14.0b (up 7.1% from 3Q 2023).
• Net income: R$1.67b (up 13% from 3Q 2023).
• Profit margin: 12% (in line with 3Q 2023).
• EPS: R$1.02 (up from R$0.89 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Telefônica Brasil EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%.

Looking ahead, revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Telecom industry in South America.

Performance of the market in Brazil.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Telefônica Brasil that we have uncovered.

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